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Topic: Why oil prices will tank...
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turbo50
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Member # 6700
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posted
 
 
Ahhh I say you are right and that OIL prices will go down. Not based on this article or any other b.s. Just based on the fact that I live for the future, not for today.
The tech stocks, the housing bubble, the gas shortages of the 70's, everything works itself out.
People don't put up with abnormalities for long.
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Posts: 7606 | From: Discovery Bay, California | Registered: Apr 2006
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Jdub07
( O Y O )
Member # 2728
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posted
fuck thats like saying...well there will be a huge earthquake (the big one), might be now might be in 35 years. To me that doesn't mean shit.
I want facts and real numbers worked out. We aren't told shit and no matter how much we cut back on our gas consumption we still need it and will still use it and still pay for it. If it turned to $7 a gallon tomorrow I bet rush hour traffic would be just as busy as ever. People need to get to work, feed their families etc.
The best we can do is cut back for ourself individually,...other than that we have no control over this shit.
hate to say it
Posts: 7282 | Registered: Apr 2003
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Eddie510-
CAFords OG
Member # 2354
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posted
quote:
Originally posted by Jdub07:
fuck thats like saying...well there will be a huge earthquake (the big one), might be now might be in 35 years. To me that doesn't mean shit.
I want facts and real numbers worked out. We aren't told shit and no matter how much we cut back on our gas consumption we still need it and will still use it and still pay for it. If it turned to $7 a gallon tomorrow I bet rush hour traffic would be just as busy as ever. People need to get to work, feed their families etc.
The best we can do is cut back for ourself individually,...other than that we have no control over this shit.
hate to say it
+1 untill i see everyone doing somthing about it, so will i ![[Big Grin]](biggrin.gif)
[ June 10, 2008, 08:14 PM: Message edited by: Eddie510- ]
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Posts: 6557 | Registered: Jan 2003
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Wildfire532FB
CAFords OG
Member # 1482
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posted
i hope your right but the oil companies have complete control. The prices of oil will go down when they want it to. i bet gas prices will go down right before election month. It'll get up to 5.50 a gallon and then before Nov it'll go down to 4.50
[ June 10, 2008, 10:17 PM: Message edited by: 532Fastback ]
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68 Fastback
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Posts: 17580 | From: 530 | Registered: Jun 2002
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iceman302
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Member # 7180
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posted
quote:
Originally posted by Eddie510-:
quote:
Originally posted by Jdub07:
fuck thats like saying...well there will be a huge earthquake (the big one), might be now might be in 35 years. To me that doesn't mean shit.
I want facts and real numbers worked out. We aren't told shit and no matter how much we cut back on our gas consumption we still need it and will still use it and still pay for it. If it turned to $7 a gallon tomorrow I bet rush hour traffic would be just as busy as ever. People need to get to work, feed their families etc.
The best we can do is cut back for ourself individually,...other than that we have no control over this shit.
hate to say it
+1 untill i see everyone doing somthing about it, so will i
That's the main problem. The current price of oil has little to do with what you or I do or don't do. The weak dollar and speculators have driven up the price far beyond the equilibrium price determined by supply and demand.
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'65 Mustang Fastback
Posts: 4171 | From: Rancho Murieta | Registered: Oct 2006
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Bronco Man
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Member # 8401
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posted
Man I hope your right. The thing that really pisses me off is the fact that they claim we need to pay for the new bridge so we pay more. When the old bridges were built there was a bond to pay off, after that they were supposed to be free to pass, well that did'nt happen. Then they tell us they want us to ride share to commute so we do that and they complain their not making enough money so they charge us even more. We get screwed every time we turn around.
Where will the tolls stop at $10.00- $15.00 when will it be enough, if everyone took BART or commuted with someone else and no one had to pay a toll they would just find another way to squeeze another dollar out of us.
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Posts: 98 | From: Fremont | Registered: May 2008
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75 chevy
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Member # 6717
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posted
quote:
Originally posted by Bronco Man:
Man I hope your right. The thing that really pisses me off is the fact that they claim we need to pay for the new bridge so we pay more. When the old bridges were built there was a bond to pay off, after that they were supposed to be free to pass, well that did'nt happen. Then they tell us they want us to ride share to commute so we do that and they complain their not making enough money so they charge us even more. We get screwed every time we turn around.
Where will the tolls stop at $10.00- $15.00 when will it be enough, if everyone took BART or commuted with someone else and no one had to pay a toll they would just find another way to squeeze another dollar out of us.
+1 yup.. The government always finds a way to get money.
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Posts: 1917 | From: california | Registered: Apr 2006
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iceman302
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Member # 7180
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posted
I just thought I'd resurrect this thread for a good old "I told you so". ![[patriot]](graemlins/patriot.gif)
[ October 02, 2008, 07:23 PM: Message edited by: iceman302 ]
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'65 Mustang Fastback
Posts: 4171 | From: Rancho Murieta | Registered: Oct 2006
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68dustin
CAFords OG
Member # 5388
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posted
yeah..but its taking forever to get to us...
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Posts: 3991 | From: neverland | Registered: Feb 2005
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iceman302
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Member # 7180
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posted
quote:
Originally posted by 68dustin:
yeah..but its taking forever to get to us...
True. Oil prices have fallen a little over 35% from their peaks while gas has only fallen around 25% from the peak, depending mainly on where you live. The primary reason for this was the massive shutdown of refining capacity in the Gulf from the two hurricanes. Once we are back to full capacity, pump prices will fall a bit faster. That should occur within the next 2-4 weeks.
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'65 Mustang Fastback
Posts: 4171 | From: Rancho Murieta | Registered: Oct 2006
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SPIDER_STANG
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Member # 8658
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posted
Yep the white man getting rich on us!!! McCain must buy another house or car!!! LoL Just a joke so don't get mad at me!! All of this racist talk on here on some other topics has been off the hook so thought I would poke some fun thats all!! But I bet some guy would try & find a link to say some more dumb racist shit about Obama if Blacks had access to oil companies like bush!! I hope we all can get along & respect each other because we all are paying the price!!! $5.60 for gas next month watch!!!
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Posts: 1722 | From: Bay Area | Registered: Sep 2008
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